Readytech Holdings (Australia) Price on April 8, 2024
| RDY Stock | 3.11 0.06 1.97% |
Below is the normalized historical share price chart for Readytech Holdings extending back to April 17, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Readytech Holdings stands at 3.11, as last reported on the 23rd of December, with the highest price reaching 3.11 and the lowest price hitting 3.06 during the day.
If you're considering investing in Readytech Stock, it is important to understand the factors that can impact its price. Currently, Readytech Holdings is slightly risky. Readytech Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0403, which implies the firm had a 0.0403% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Readytech Holdings, which you can use to evaluate the volatility of the company. Please check Readytech Holdings' Coefficient Of Variation of 7047.19, risk adjusted performance of 0.0168, and Semi Deviation of 1.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.0703%.
At this time, Readytech Holdings' Total Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 3.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 113 M in 2024. . Readytech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.1425 | 50 Day MA 2.9518 | Beta 0.994 |
Readytech |
Sharpe Ratio = 0.0403
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| Cash | Small Risk | RDY | High Risk | Huge Risk |
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Readytech Holdings is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Readytech Holdings by adding it to a well-diversified portfolio.
Price Book 2.5014 | Enterprise Value Ebitda 12.488 | Price Sales 3.2596 | Shares Float 62 M | Wall Street Target Price 4.0197 |
Readytech Holdings Valuation on April 8, 2024
It is possible to determine the worth of Readytech Holdings on a given historical date. On April 8, 2024 Readytech was worth 3.3 at the beginning of the trading date compared to the closed value of 3.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Readytech Holdings stock. Still, in general, we apply an absolute valuation method to find Readytech Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Readytech Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Readytech Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 3.27 | 3.29 | 3.26 | 3.27 | 14,711 | |
04/08/2024 | 3.30 | 3.32 | 3.27 | 3.27 | 27,875 |
| 3.41 | 3.52 | 3.40 | 3.48 | 215,972 |
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Readytech Holdings Trading Date Momentum on April 8, 2024
| On April 09 2024 Readytech Holdings was traded for 3.48 at the closing time. The maximum traded price for the trading interval was 3.52 and the lowest daily price was 3.40 . The daily volume was recorded at 216 K. The volume of trading on 9th of April 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 6.42% . The trading delta at closing time to the closing price today is 3.06% . |
Readytech Holdings Fundamentals Correlations and Trends
By evaluating Readytech Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Readytech Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Readytech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Readytech Holdings Stock history
Readytech Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Readytech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Readytech Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Readytech Holdings stock prices may prove useful in developing a viable investing in Readytech Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.2 M | 113 M | |
| Net Income Applicable To Common Shares | 5.7 M | 3.3 M |
Readytech Holdings Stock Technical Analysis
Readytech Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Readytech Holdings Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Readytech Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Readytech Holdings December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Readytech Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Readytech Holdings shares will generate the highest return on investment. By undertsting and applying Readytech Holdings stock market strength indicators, traders can identify Readytech Holdings entry and exit signals to maximize returns
Readytech Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Readytech Holdings' price direction in advance. Along with the technical and fundamental analysis of Readytech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Readytech to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0168 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0629 |
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Additional Tools for Readytech Stock Analysis
When running Readytech Holdings' price analysis, check to measure Readytech Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Readytech Holdings is operating at the current time. Most of Readytech Holdings' value examination focuses on studying past and present price action to predict the probability of Readytech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readytech Holdings' price. Additionally, you may evaluate how the addition of Readytech Holdings to your portfolios can decrease your overall portfolio volatility.